Last Updated on October 13, 2022 by Deborah L. Hardin
Payments Increased by 8.7%
The Social Security association administration just announced that payments will be going up 8.7% starting in January 2023.
This is great news for everybody relying on their monthly payments from Social Security.
We all know that this doesn’t quite keep up with the cost of inflation, but the increased payments certainly will help.
If you are one of the 70 Million Americans that relies on Social Security, then congrats on your raise!
Best wishes, Deborah
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